Advanced Micro Devices, Inc. (NASDAQ:AMD) reached 112.23% versus a 1-year low price of $16.03. The stock was last seen 1.04% higher, reaching at $34.02 on 7/26/2019. At a recent session, the prices were hovering between $33.865 and $34.77. This company shares are -7.2% up from its target price of $31.57 and the current market capitalization stands at $36.42B. The recent change has given its price a 11.13% lead over SMA 50 and -2.41% deficit over its 52-week high. The stock witnessed 13.7% gains, 22.02% gains and 55.13% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found AMD’s volatility during a week at 2.15% and during a month it has been found around 2.71%.

What Does Advanced Micro Devices, Inc. (AMD) Do?

The company describes itself in regulatory filings as, “Advanced Micro Devices, Inc. engages in the provision of semiconductor businesses. It operates through the Computing & Graphics and Enterprise, Embedded & Semi-Custom segments. The Computing and Graphics segment includes desktop and notebook processors and chipsets, and discrete and integrated graphics processing units. The Enterprise, Embedded and Semi-Custom segment comprises of server and embedded processors, semi-custom systems-on-chips products, development services, technology for game consoles and licensing portions of its intellectual property portfolio. The company was founded by W. J. Sanders III on May 1, 1969 and is headquartered in Santa Clara, CA.” [Text can be found here: https://www.marketwatch.com/investing/stock/AMD/profile under company description.]

Advanced Micro Devices, Inc. (AMD) Top Holders

Institutional investors currently hold around $23.15 billion or 70.7% in AMD stock. Look at its top three institutional owners: Vanguard Group Inc owns $3.52 billion in Advanced Micro Devices, Inc., which represents roughly 9.67% of the company’s market cap and approximately 15.21% of the institutional ownership. Similar statistics are true for the second largest owner, Blackrock Inc., which owns 66,367,174 shares of the stock are valued at $2.26 billion. The third largest holder is Wellington Management Group Llp, which currently holds $1.4 billion worth of this stock and that ownership represents nearly 3.86% of its market capitalization.

Advanced Micro Devices, Inc. 13F Filings

At the end of March reporting period, 387 institutional holders increased their position in Advanced Micro Devices, Inc. (NASDAQ:AMD) by some 102,492,217 shares, 273 decreased positions by 56,040,731 and 87 held positions by 521,847,474. That puts total institutional holdings at 680,380,422 shares, according to SEC filings. The stock grabbed 147 new institutional investments totaling 24,005,146 shares while 80 institutional investors sold out their entire positions totaling 19,733,788 shares.

Advanced Micro Devices, Inc. (NASDAQ:AMD) Insider Trades

Multiple company employees have indulged in significant insider trading. Advanced Micro Devices, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Chief Technology Officer & EVP Papermaster Mark D has sold 30,000 shares of Advanced Micro Devices, Inc. (AMD) in the trading session dated Jul. 15, 2019. These shares are worth $1,000,200 and were traded at $33.34 each. The SEC filing shows that Papermaster Mark D performed a sale of 30,000 shares. The Chief Technology Officer & EVP disposed these shares by way of transaction on Jun. 14, 2019. The company’s shares were given away at $30.7 per share worth to an income of some $921,000 to the account of Papermaster Mark D.

President & CEO, Su Lisa T, sold 164,000 common shares of Advanced Micro Devices, Inc. (AMD) in the open market. In a transaction dated Jun. 10, 2019, the shares were put up for sale at an average price of $33.66, raking in a sum of $5,520,240. After this sale, 2,211,264 common shares of AMD are directly owned by the insider, with total stake valued at $75,227,201.

In the transaction dated Jun. 10, 2019, a great number of shares sold came courtesy the SVP & GM DESG; Norrod Forrest Eugene disposed a total of 50,000 shares at an average price of $33.46, amounting to approximately $1,673,000. The insider now directly owns 784,171 shares worth $26,677,497.

Advanced Micro Devices, Inc. (AMD) Analyst Guide

Several analysts have released their opinion on Advanced Micro Devices, Inc. (NASDAQ:AMD), with 8 analysts believing it is a strong buy. Whereas 17 of them predict the stock is a hold. Also, there are 7 buy, 1 sell and 1 strong sell ratings, collectively assigning a 2.41 average brokerage recommendation [T1].